News

Twice as many British households are deemed financially vulnerable as financially secure, while more than half of households have experienced financial difficulties in the last twelve months, a global survey has found.

Employers should play a greater role in educating workers about financial risks and facilitating access to protection products, according to thinktank Demos.

Aries Insight has launched an online version of its database of pensions legislation.

The Investment Management Association (IMA)is to merge with the Association of British Insurers' (ABI) investment affairs unit in a bid to give fund managers a single, stronger representative voice.

A ‘managed closure' of UK Coal following a £10m loan deal with the government will create ‘no further liabilities' for the Pension Protection Fund.

Schemes reduced their outright nominal and real rate hedging in the fourth quarter of 2013, according to F&C Investments.

Small schemes cost almost four times as much to run as big schemes and almost six times more than the largest funds, according to research from The Pensions Regulator (TPR).

Friends Life is changing its charging structures to reflect a proposed ban on active member discounts (AMD).

BDO has expanded its pensions advisory team with the appointment of former Grant Thornton director of pensions advisory Kelvin Wilson as head of pensions de-risking.

The Western United Group Pension Scheme has secured a £111m pensioner buy-in with Rothesay Life, a year and a half after completing a £115m deal with the same insurer.